Originally Posted by
walrus
Technology is innovating and expanding at an exponential rate. It’s difficult to grasp how dramatic is the growth of 2 x 2 x 2 x 2…
There is an ancient Persian tale of the inventor of the game of chess. When the ruler of the land was presented with the chessboard he was so pleased, he offered a gift. Upon reflection, the inventor asked for rice. He put a single grain of rice on the first square, and his request was simple: he asked that the rice double for each square. The emperor readily agreed, believing he had gotten off easy.
The net result? For the final square alone, the king owed 2 to the 64th power, or 18,446,744,073,709,551,616 grains of rice. The entire country’s wealth was forfeit to keep the promise.
Those familiar with technology often refer to “Moore’s Law” – so named for the Intel co-founder Gordon Moore who postulated it in 1965. He predicted that transistors on processors (used for processing power) would double every two years. Many predicted this would be a short-term law and could not continue for long. Yet nearly 50 years later, it is continuing.
Exponential growth.
The smartphone in your pocket provides a better communication tool than the President of the United States had access to just 25 years ago, and provides access to more data than he had access to just 10 years ago.
Technology impacts the shape of our lives – it influences the people we stay in contact with, the people we date (and marry), the type of information we consume, the way we consume it, and what we do with it.
What do the next 50 years hold? One can only imagine what exponential technology growth will do to the field of personalized medicine, to the clean water shortages of Africa, and to businesses in America. Technology’s exponential growth rate means we are now accomplishing in one year what took centuries in ancient history. The degree of innovation that is occurring – even at this moment as you read this article – is truly staggering.
We are truly in the midst of an explosion of technology.